IShares Russell Total Risk Alpha

IWN Etf  USD 186.66  -0.55  -0.29%   
The Total Risk Alpha lookup presents technical context for iShares Russell 2000 and related instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. IShares Russell has a market cap of 10.89 B. Risk vs Return Analysis can help frame allocation decisions. The allocation includes a position in iShares Russell 2000 within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
iShares Russell 2000 has current Total Risk Alpha of 0.0884. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0884
ER[a] = Expected return on investing in IShares Russell
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares Russell
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

IShares Russell Total Risk Alpha Peers Comparison

IShares Total Risk Alpha Relative To Other Indicators

iShares Russell 2000 is rated below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 54.70 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for iShares Russell 2000 sits at 54.70
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IShares Russell to Peers

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